state socialism

American  

noun

1. the theory, doctrine, and movement advocating a planned economy controlled by the state, with state ownership of all industries and natural resources.

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state socialism British  

noun

1. a variant of socialism in which the power of the state is employed for the purpose of creating an egalitarian society by means of public control of major industries, banks, etc, coupled with economic planning and a social security system

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Other Word Forms

• state socialist
  noun

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Etymology

Origin of state socialism

First recorded in 1875–80

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Example Sentences

See Examples For:

state socialism

"My idea is really not state socialism, but associated model production."

From Salon ● May 3, 2024

The 76-year-old has run the Láng Téka bookstore in central Budapest for nearly 35 years, since just before Hungary’s democratic transition from state socialism.

From Seattle Times ● Jul. 28, 2023

The first, state socialism, is represented by the French thinker and agitator Louis Blanc.

From Textbooks ● Jan. 1, 2020

Although there were significant achievements, notably in healthcare and education, Castro’s idealistic brand of state socialism, anti-capitalist collectivism and emancipatory struggle ultimately foundered.

From The Guardian ● Nov. 26, 2016

When this governmental activity has proceeded somewhat extensively and systematically in cities, as in Great Britain, it is called municipal socialism; and in states, as in Germany, it is called state socialism.

From Modern Economic Problems Economics Volume II by Frank Albert Fetter

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